The Debts Recovery Tribunal allowed an original application filed by HDFC Bank Ltd. for recovery of dues amounting to Rs. 37,66,381.26 plus future interest, holding the defendant liable as he remained absent and did not contest the claim.
Defendant directed to pay Rs. 37,66,381.26 with future interest; Recovery Certificate issued; Applicant to file cost memo.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE DEBTS RECOVERY TRIBUNAL-II AT HYDERABAD DATED THIS THE 17th DAY OF OCTOBER,2024
PRESENT: SH. RAMESHWaR KOTHE, B.Com., L.LB. (Hons.), M.A. PRESIDING OFFICER
Original Application No: 311 OF 2OZ3
HDFC BanK Ltd,, One of its Branch office at 1-10-60/3, 3rd Floor, Suryodaya Complex, Opp Shoppers Stop, Begumpet, Hyderabad - 500 016. Rep. by its Legal Manager.
...Applicant
Versus
Praveen Kumar Singh, S/o.Raj Kumar Singh, Age 56 Years, Occ: Self Employed, Flat No.404, United Annnex Apartment, Leela Nagar, Near Begumpet Railway Station, Secunderabad, Begumpet, Hyderabad - 500016.
Also at:Praveen Kumar Singh, C/o.Orient Cement Limited, 5-9-22/57/0, Gp Birla Centre, Adarsh Nagar, Hyderabad - 500063.
Also at:-
Praveen Kumar Singh, MIG 14, Nerhu Nagar, Chattisgarh, Bilaspur, Chattisgarh - 495001.
...... Defendant
Counsel for the Applicant Defendants
: Dr.M.P.Kashyap
: Ex-parte Oyur"
oA,No.311/2023
2
ORDER
Thepoint that arises for considerationis:-
whetherthe Applicant Bank is entitled for the claimmade in the OA against the
Defendant?
oA.No.31u2023
3
f,f,s'r
PRESIDINGOFFICER
1 issue framed by the court
Whether the Applicant Bank is entitled to the claim made in the OA against the Defendant?
1 provisions across 1 enactments
HDFC Bank Ltd.
Sh. Rameshwar Kothe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
